The software giant had announced its corporate earnings on Monday. In a span of five days, the shares of the company declined 0.69 per cent while it dipped 0.20 per cent in a span of 30 days.
Sensex dropped below 60,000 by losing 452 points to 59,900.37 level and Nifty also declined 154 points to 17,837.45 level. The investors were on wait and watch mode as they wait for the US key jobs report which is due for release later on Friday.
BSE Sensex surged 77 points to 60,917.87 while Nifty 50 went up 25 points to 18,130.35 at 9.27 am on Monday. Some of the most active stocks on BSE that went up in morning trade were Tata Communications, Lloyd, Usha Mart, Timken and Kalpataru Power while MCX, Jindal Poly, Shipping Corporation
Online trading platforms with easy registration and accessibility have spiked the number of investors in the domestic markets. The pattern was that the foreign investors or foreign institutional investors were selling the equities and these stocks were being bought by the domestic retail inv
The shares of the company were trading at Rs 373.35 apiece on Friday afternoon. The shares jumped more than 46.64 per cent in a span of five days an grew 155.81 per cent in a span of 30 days on BSE while the firm's shares had risen 287.97 per cent in six months.
The global markets are expecting an aggressive hike in policy rates by Federal Reserve next week. If the Fed hike its monetary policy rates, the global markets are bound to react to the policy change and eventually the country's markets, in a way, will be influenced by the hike. In another d
The domestic markets snapped their four-day losing run and ended with gains, picking up cues from the Monetary Policy Committee's decision to slow down the hike of repo rates.
Robust foreign fund inflows into Indian equities, the appreciating Rupee, and hints by the US central bank about the moderating rate of interest hikes supported investors' sentiment.